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Be careful with earnings plays in this kind of environment. If the earnings are good, the stock can run more than it would in a usual environment as people are looking for quick green plays and therefore it may get more volume. In contrast, if the earnings are bad, it could drop a lot more than it would on a regular day. Even if the earnings are good, the stock may not move much or even drop as seen today for the companies that reported earning afterhours yesterday or the open today.
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